When comparing Bitstamp vs Ripio, the Slant community recommends Bitstamp for most people. In the question“What are the best ways to buy/sell bitcoin?” Bitstamp is ranked 2nd while Ripio is ranked 14th. The most important reason people chose Bitstamp is:
Bitstamp is very economical if you live in Europe as they have free SEPA deposits.
Specs
Ranked in these QuestionsQuestion Ranking
Pros
Pro Free SEPA deposits
Bitstamp is very economical if you live in Europe as they have free SEPA deposits.
Pro Very low transfer fees
For small transactions (< $500 USD) you're only charged 0.5%. This incrementally decreases to 0.2% for transfers over $150,000 USD.
Pro Lets you limit orders
On Bitstamp users can enter limit orders that stay open until they are either cancelled by the client or executed in the market.
Pro Supports multiple currencies
Bitstamp supports US dollars, British pounds, and Swiss francs.
Pro Offers prepaid debit cards
You can purchase physical or virtual prepaid debit cards through Bitstamp and load money into them directly from your Bitstamp account. There are currently three supported currencies: USD, EUR, and GBP. Note: this is currently unavailable to US citizens.
Pro Great support
Multiple threads on the Bitcoin sub-reddit praise Bitstamp for fast and helpful support.
Pro Great user interface
The interface and overall user experience of Bitstamp is fantastic. The design is clean, easy to use while also providing great features like the order book.
Pro Order book
The order book is a great feature because it’s where the exchange shows all the open orders it has from its clients.
The first part of the order book is a chart that represents all the orders organized by type (bid or offer), price, and volume. This is a very efficient way of looking at the market depth and also analyzing the open interest so you can decide how to set and manage your orders.
Pro Instant transfers during weekends
If you happen to transfer money into your wallet during weekends, it becomes available after just an hour, so that you don't have to wait for the usual SEPA working hours, which could make you miss opportunities.
Pro You can buy 3 coins
Bitcoin(BTC), Ethereum(ETH) and Dai(DAI) are available to buy.
Cons
Con High fees for credit/debit card purchases
Bitstamp charges a flat 5% for all credit/debit card purchases, regardless of purchase amount.
Con Not so great for cryptocurrency beginners
Bitstamp is not the best platform for those unfamiliar with cryptocurrencies in general — the live trading platform and UI can get too overwhelming for beginners due to information overload.
Con It operates only in Argentine Pesos
This can be cumbersome if you are not in the region. The crypto coins are only exchanged using Argentine Pesos.
Con Slow customer support
They usually take hours to help you with your requests, should you have an issue.